Please note that while Tennessee Money Transmitter licenses are set to expire April 15 of each year, this date corresponds to the due date of renewal fees and applications. Therefore, a Tennessee Money Transmitter licensee may continue to conduct money transmission in accordance with Tennessee Code Annotated Title 45 Chapter 7 Part 2 beyond the April 15 expiration date for a given year, provided that it meets the following criteria:

- A renewal fee and application have been submitted to the Tennessee Department of Financial Institutions in accordance with Tennessee Code Annotated §45-7-211 for that same calendar year

- The Tennessee Department of Financial Institutions has not determined that the licensee does not qualify for renewal of its money transmission license